August 2010 Statistics

Posted by Sarasota Foreclosures.com on Friday, September 3rd, 2010 at 12:21pm.

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70% of Pending Sarasota Sales  are Foreclosures

I just pulled some sales stats from the MLS for Augus 2010.  48% of the Sarasota County closings in August were foreclosures.   Currently 70% of all pending sales in Sarasota County are short sales or bank owned.  I find the fact that the percentage of bank owned properties for sale has increased from 3.5% in April to 4.5% in Sept to be very interesting.  Also, 18% of all listings are now REO or short sales.   The number of closings and pendings for August was down from July but up from August 2009.

Sarasota County August 2010 Real Estate Statistics

August 3 2010

Bank Owned

Short Sales

All Foreclosures

All Listings

Active

418 (4.5%)

1278 (13.5%)

1,696 (18%)

9460

Pending

309 (15%)

1110 (55%)

1419  (70%)

2008

 Pended 08/10

243 (%)

 267 (%) 

502 (56%)

910

Closed

Bank Owned

Short Sales

All Foreclosures

All Sales

 August 2010

 177(27%)

 143 (22%)

 316(49%)

 652

 July 2010

 152(25%)

 123(20%)

 276(45%)

 610

 June 2010

203(21%)

189(19.4)

392(40.4%)

970

 May 2010

 155 (16.8%)

 181 (19.7%)

 336 (36.5%)

920

April 2010

152 (16.6%)

150 (16.3%)

302 (33%)

917

March 2010

170 (17%)

181(18%)

351(36%)

983

Feb. 2010
150 (22%)
142 (21%)
292 (44%)
669
Jan. 2010
110 (15.7%)
121(17.3%)
231(33%)
699
2009

Dec. 2009

123 (15.9%)

158 (20.5%)

281 (36.5%)

770

Nov. 2009

96 (14.1%)

149 (21.9%)

245 (36%)

679

Oct. 2009

122 (18.2%)

136 (20.2%)

258 (38.5%)

670

Sept. 2009

128 (19%)

150 (22.2%)

278 (41.2%)

674

August 2009

75 (13%)

117 (20.3%)

192 (33.4%)

574

July 2009

111 (14.1%)

118 (15%)

229 (29.1%)

786

June 2009

147 (18%)

98 (12%)

215 (26.3%)

816

May 2009

201(25.3%)

85 (10.7%)

286 (36%)

796

April 2009

242 (28.3%)

65 (7.6%)

307 (35.9%)

856

March 2009

221 (29%)

53 (7%)

274 (36%)

762

Feb. 2009

196 (32.2%)

36 (5.9%)

232 (38.1%)

609

Jan. 2009

187 (36.2%)

30 (5.8%)

217 (42%)

517

 2008

    

Dec. 2008

198 (28.5%)

30 (4.3%)

228 (32.8%)

695

Nov. 2008

160 (32.8%)

20 (4.1%)

180 (36.9%)

488

Oct. 2008

173 (29.6%)

17 (2.9%)

190 (32.5%)

585

Adam Robinson, Broker
SarasotaForeclosures.com Inc.


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